All the headlines from our Market Topic Page, ordered by recency.
Jul 12 2005 // Research and Markets(http://www.researchandmarkets.com/reports/c20610) announced the addition of Irish IT Trends – Insurance Industry to their offering.This report provides an insight into the Irish insurance...
Jul 12 2005 // Chicago-based Fitch Ratings states that Hurricane Dennis is expected to represent a material loss to the insurance industry.Dennis came ashore on Sunday, July 10, at 3:25 p.m., on Santa Rosa Island, Fla., as a Category 3...
Jul 5 2005 // New York Senators Charles E. Schumer, D, and Sen. Hillary Rodham Clinton, D, have blasted the Treasury Department’s report, submitted to the Senate Banking Committee, which urged Congress not to renew the Terrorism...
Jul 4 2005 // Top Corporate Executives Stress Moving Beyond SpitzerDespite recent adversity and scrutiny faced by the insurance industry, financial ratings for companies appear on the upswing. “For the first time that I can...
Jul 4 2005 // Recent insurance industry investigations have begun to put prior finite reinsurance transactions under a microscope, creating the need to re-examine this reinsurance product, but more importantly determine its role in the...
Jul 4 2005 // California Insurance Commissioner John Garamendi recently took time out from his schedule to chat with Insurance Journal Online Editor Dave Thomas regarding SB 938, “use it and lose it” practices against...
Jul 4 2005 // Five or fewer insurers control at least three-quarters of the small-group insurance market. This lack of competition contributes to double-digit premium increases for many small businesses and forces an increase in the...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty, and reinsurance executives say that underwriting...
Jul 4 2005 // As the number of risk retention groups has skyrocketed in the past three years, so has the premium generated by these member-owned insurers enabled by the 1986 Liability Risk Retention Act. Since year-end 2001, the number...
Jul 4 2005 // The debate over insurance company financial reporting should center on the value of what is being reported by insurers and the effort to change the reporting rules must go on despite opposition by some, according to the...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jul 4 2005 // Columbus, Ohio-based Grange Insurance has promoted Alan D. Brannan to the new post of president of property/casualty for the Grange Mutual Casualty Group. In his new role, Brannan will oversee all property/casualty...
Jul 4 2005 // Joe Grauwiler has been named regional vice president of The Main Street America Group’s Jacksonville Region and president of its Old Dominion Insurance Co. unit. The region encompasses Main Street America’s...
Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...
Jul 4 2005 // ACIC OPPOSES CREDIT BILL: The Association of California Insurance Companies is opposing legislation which would eliminate rather than regulate credit-based insurance scoring, according to ACIC President Sam Sorich. The...
Jul 4 2005 // The insurance industry is entering a soft market, but unlike earlier soft markets, carriers have not cut prices to gain market share. Numerous life, property/casualty and reinsurance executives say that underwriting...
Jul 1 2005 // The 2004 hurricane season has led to a much greater focus on aggregate risk and this will prompt changes in catastrophe risk assessment, attendees at the Casualty Actuarial Society (CAS) Spring meeting heard.Randall...
Jun 30 2005 // The following is the Introduction and the Executive Summary of the June 30, 2005 report from the Treasury Department on the Terrorism Risk Insurance Act of 2002 including its assessment of the act and recommendations for...
Jun 30 2005 // The business lobby, Coalition to Insure Against Terrorism, is blasting as “flawed” and illogical the Treasury Department’s report recommending against renewal of the federal Terrorism Risk Insurance Act...
Jun 28 2005 // The Insurance Marketing Communications Association (www.imcanet.com) on Tuesday awarded Donald Hurzeler its Golden Torch Award in recognition of his lifelong contributions to the insurance industry. The presentation was...